Ministry of Commerce & Industry
INDIA’S MERCHANDISE TRADE: Preliminary Data, February 2021
India’s merchandise exports in February 2021 was USD 27.67 billion as compared to USD 27.74 billion in February 2020, a decrease of 0.25%.
India’s merchandise imports in February 2021 were USD 40.55 billion as compared to USD 37.90 billion in February 2020,an increase of 6.98%.
India is thus a net importer in February 2021 with a trade deficit of USD 12.88 billion as compared to trade deficit of USD 10.16 billion in February 2020,increase of 25.84%.
Value of non-petroleum and non-gems and jewellery exports in February 2021 was USD 22.48 billion as compared to USD 21.28 billion in February 2020, a positive growth of 5.65%.
Non-oil, non-GJ  imports were USD 23.85 billion in February 2021 as compared to non-oil and non-GJ imports of USD 22.21 billion in February 2020,a positive growth of 7.40%
Top 5 commodity groups of export which recorded positive growth during February 2021 vis-à-vis February 2020 are: Other Cereals , Oil meals , Iron Ore , Jute manufacturing including floor covering , and Rice
Top 5 commodity groups of import showing a fall in February 2021vis-à-vis February 2020 are: Silver , Newsprint , Fertilisers, Crude & manufactured , Coal, Coke & Briquettes, etc. , and Leather & leather products 
India’s merchandise exports in February 2021 were USD 27.67 billion as compared to USD 27.74 billion in February 2020, a decrease of 0.25%.Exports during April-February2020-21 were USD 255.92 billion, as compared to USD 291.87 billion during the same period of last year, exhibiting a negative growth of 12.32%.
India’s merchandise imports in February 2021were USD 40.55 billion, as compared to USD 37.90 billion in February 2020, anincrease of 6.98%. Merchandise imports during April-February 2020-21 were USD 340.88 billion, as compared to USD 443.24 billion during the same period of last year, exhibiting a negative growth of 23.09%.
India is thus a net importer in February 2021, with a trade deficit of USD 12.88 billion, as compared to trade deficit of USD 10.16 billion in February 2020, improvement by 26.74%.
In February 2021, the value of non-petroleum exports was USD 25.16 billion, registering a positive growth of 3.55% over February 2020. The value of non-petroleum and non-gems and jewelleryexports in February 2021 was USD 22.48 billion as compared to USD 21.28 billion in February 2020, registering a positivegrowth of 5.65%. The cumulative value of non-petroleum and non-gems and jewellery exports in April-February2020-21 was USD 211.25 billion, as compared to USD 219.22 billion for the corresponding period in 2019-20, exhibiting a decrease of 3.63%.
In February 2021, Oil imports were USD 8.99 billion, as compared to USD 10.78 billion in February 2020, a decline by 16.63%. Oil imports in April-February2020-21 were USD 72.08 billion, as compared to USD 120.50 billion, showing a decline of 40.18%.
Non-oil imports in February 2021 were estimated at USD 31.56 billion, as compared to USD 27.12 billion in February 2020, showing anincrease of 16.37%. Non-oil imports in April-February2020-21 were USD 268.78 billion, as compared to USD 322.74billion, registering a decline of 16.73% during the same period of the last year.
Non-oil, non-GJ  imports were USD 23.85 billion in February 2021, recording a positive growth of 7.40%, as compared to non-oil and non-GJ imports of USD 22.21 billion in February 2020. Non-oil and non-GJ imports were USD 225.49billion in April-February 2020-21, recording a negative growth of 17.11%, as compared to non-oil and non-GJ imports of USD 272.05 billion in April-February 2019-20.
Major commodities of export which have recorded positive growth during February 2021 vis-à-vis February 2020 are: Other cereals , Oil meals , Iron ore , Jute mfg. Including floor covering ,Rice , Cereal preparations and miscellaneous processed item , Meat, dairy and poultry products ,Carpet , Spices , Drugs and pharmaceuticals , Handicrafts excl. Hand-made carpet , Ceramic products and glassware , Cotton yarn/fabrics/made-ups, handloom products etc. , Tobacco , Plastic and linoleum , Mica, coal and other ores, minerals including process , and Organic and Inorganic Chemicals .
Major commodities of export which have recorded negative growth during February 2021 vis-à-vis February 2020 are Petroleum products , Oil Seeds , Leather and leather manufactures , Cashew , Gems and Jewellery , RMG of All Textiles , Electronic Goods , Fruits and vegetables , Man-made yarn/fabrics/made-ups etc. , Engineering goods , Tea ,Coffee , and Marine products .
Major commodity groups of import showing positive growth in February 2021 over the corresponding month of last year are: Sulphur & Unroasted Iron Pyrites , Gold , Dyeing/tanning/colouring materials , Chemical material & products , Electronic goods , Organic & Inorganic Chemicals , Metaliferrous ores & other minerals , Artificial resins, plastic materials, etc. , Iron & Steel , Textile yarn Fabric, made-up articles , Wood & Wood products , Medcnl. & Pharmaceutical products , %), and Non-ferrous metals .
Major commodity groups of import showing negative growth in February 2021 over the corresponding month of last year are: Silver , Newsprint , Fertilisers, Crude & manufactured , Coal, Coke & Briquettes, etc. , Leather & leather products , Transport equipment , Petroleum, Crude & products , Project Goods , Pulses , Machine tools , Cotton Raw & Waste , Machinery, electrical & non-electrical , Professional instrument, Optical goods, etc. , Pulp and Waste paper , Pearls, precious & Semi-precious stones ,Fruits & vegetables , and Vegetable Oil .
MERCHANDISE TRADE: Preliminary Data, February 2021
Summary Value in USD Billion
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Total
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Non-Petroleum
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Non- Petroleum and Non-Gems &Jewellery
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2019-20
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2020-21
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% change
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2019-20
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2020-21
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% change
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2019-20
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2020-21
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% change
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Exports
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27.74
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27.67
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-0.25
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24.30
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25.16
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3.55
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21.28
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22.48
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5.65
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Imports
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37.90
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40.55
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6.98
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27.12
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31.56
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16.37
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22.21
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23.85
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7.40
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Deficit
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-10.16
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-12.88
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26.74
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-2.82
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-6.40
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126.65
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-0.93
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-1.37
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47.41
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Change by top Commodity Groups
Value in USD Million
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Top Increase in February 2021 as compared to February 2020
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Top Decline in February 2021 as compared to February 2020
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Commodity group
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Change in value
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% change
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Commodity group
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Change in value
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% change
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Export
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IRON ORE
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294.09
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167.79
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PETROLEUM PRODUCTS
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-933.82
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-27.13
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DRUGS AND PHARMACEUTICALS
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254.55
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14.58
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GEMS AND JEWELLERY
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-337.64
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-11.18
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RICE
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210.29
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30.10
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ENGINEERING GOODS
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-185.01
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-2.56
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Import
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GOLD
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2928.20
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123.95
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PETROLEUM, CRUDE & PRODUCTS
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-1792.43
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-16.63
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ELECTRONIC GOODS
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1326.97
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37.77
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COAL, COKE & BRIQUETTES, ETC.
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-514.85
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-28.09
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ORGANIC & INORGANIC CHEMICALS
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559.09
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37.61
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TRANSPORT EQUIPMENT
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-505.45
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-23.00
YB/SS